What is the recession-proof and most profitable business? (International Edition)
Posted: Wed Feb 19, 2025 5:49 am
For example, if you are good with numbers, you will surely be able to start a business with a high profit margin. In a survey of 16,000 companies with annual sales of less than 10 million yen, tax and accounting services had the highest profit margin among small businesses, ranking first with a net profit margin of 18.4%, followed by real estate companies at 15.2%, law firms at 14.5%, and private practice doctors at 13%. By the way, the average profit margin of all industries is 7.2%.
How can you increase your profit margin? It seems to be Human Capital, that is, "service companies". First of all, a big advantage is that you can start a business with little initial investment. Another plus in these industries is that you can use your home as an office. Profit margins are not the only thing entrepreneurs are interested in. In addition, you need to think about your own expertise and experience, whether you need licenses or training, and what to do if the economy goes into a recession.
So, this time we have compiled a list of the 15 most profitable small business occupations overseas.
1. Taxation, accounting and accounting services: 18.4%
Tax accounting image
Experts say that accounting firms have the highest bangladesh whatsapp data profit margins and are the most stable. Even in times of economic downturn, everyone needs accountants, and the biggest advantage is that you can start without any initial investment.
2. Business management: 15.5%
Company management image photo
Smaller companies are managed through financial or other holding companies, a well-known example being ICahn Enterprises.
3. Real estate companies and brokers: 15.19%
Real estate image
Real estate companies are heavily influenced by economic conditions, but generally speaking, their operating costs are low and they can start up immediately once they obtain a license, which is an attractive feature.
How can you increase your profit margin? It seems to be Human Capital, that is, "service companies". First of all, a big advantage is that you can start a business with little initial investment. Another plus in these industries is that you can use your home as an office. Profit margins are not the only thing entrepreneurs are interested in. In addition, you need to think about your own expertise and experience, whether you need licenses or training, and what to do if the economy goes into a recession.
So, this time we have compiled a list of the 15 most profitable small business occupations overseas.
1. Taxation, accounting and accounting services: 18.4%
Tax accounting image
Experts say that accounting firms have the highest bangladesh whatsapp data profit margins and are the most stable. Even in times of economic downturn, everyone needs accountants, and the biggest advantage is that you can start without any initial investment.
2. Business management: 15.5%
Company management image photo
Smaller companies are managed through financial or other holding companies, a well-known example being ICahn Enterprises.
3. Real estate companies and brokers: 15.19%
Real estate image
Real estate companies are heavily influenced by economic conditions, but generally speaking, their operating costs are low and they can start up immediately once they obtain a license, which is an attractive feature.